Stress Costs U.S. $300 Billion a Year
jburroug writes "A new study, as reported in the New York Times claims that the stress of the modern always-on work environment is taking a far greater toll on the health of workers than previously believed, to the tune of $300 billion in lost productivity and increased health care costs in the U.S. alone."
Just today there was an article about hypertasking.
Folks, shut off the cellphone, log out of the internet and leave work at work because you're slowly killing yourself with stress.
Seriously.
However, I have to wonder what a high GDP growth and near-full employment are worth if you are dead.
Obviously there is a problem with ANY form of social engineering - it's untested, and has unpredictable results on society. We conservatives say this in response to welfare programs and affirmative action. Modern capitalism and the downsizing trend have social effects. That's not subject to argument. Instead of a knee-jerk conservative 'but it could damage productivity' response, how about taking a look at the problems instead?
HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
The problem about anything that surveys the economic losses caused by productivity losses is that they're all vague measurements of approxiamate things that are then multiplied by a huge group of people. Really, what this means is that while there might be truth in the idea these statistics try to show, the numbers are almost completely bullshit. For example, let's suppose 100 million workers in the united states have air blowing hand dryers instead of paper towels in their restrooms. These dryers take longer than paper towels, let's say maybe a minute instead of 10 seconds. I would think it's fair to say that on average a worker makes 1.5 trips to the bathroom per day. So if the average hourly wage of these employees is something like 15 bucks, 10 seconds of paper towels is worth $0.0417, one minute of air drying is worth $0.25. That means that we're wasting ~$31 Million per day! That's billions per year! My God! Something has to be done!
The Buddists have one thing right - there is a Yin and a Yang to everything. Call it a dual edged sword, whetever - in our world, there is an upside and a downside to everything.
There will enevitably be many +5 (Insightful) comments about how we're being mowed down by "the Man, squeezing more blood out of us to make more money", but when you think about it, the reason for that is we all, in reality, want to be "the Man". We want the things they dangle in front of us, that require disposable income to acquire. "Ooooh, Shiny iPod/Beemer/Opteron" crosses our lips and we've bought into this system. Work more to get more things for our "leisure time", which ends up being non-existant. "If work hard, I'll get promoted and get that raise - then I'll get a life" used to be my mantra. Now, after my good paying job was killed and in essence just moved out of province in the name of profits, I'm fed up enough to say "Fuck you - as long as my family is warm, healthy, clothed and fed I'm happy".
Capitalism is good, it's the best system we've got, but like all things it can go too far. Don't forget why your toiling away - it's to make a life, not make money. Remember, there is a downside to everything - no exceptions.
Meh. Just Crown Royal influenced ramblings from a slightly bitter old man. On to our regularily scheduled bashing of "the man"...
Soko
"Depression is merely anger without enthusiasm." - Anonymous
France and most other European countries will give you far more unemployment benefits than American workers gets. In many EU countries, one could drawa years of unemployment if laid off. Try that here.
Plus, welfare is far more generous there.
eat shiat and bark at the moon
In another example, let's say I spill a tanker of oil off the New England coast. Damage to the economy and value of lost oil will be arbitrarily set at $50 billion dollars. If, however, the cleanup costs are $60 billion dollars paid out to various workers to clean up the mess, then the GDP will actually increase by $10 billion dollars, despite the fact that nothing actually got produced - some idiot just made a big mess and then someone cleaned it up.
GDP is big fat lie.